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Golden Prospect Precious Metals (LSE:GPM) Price-to-Tangible-Book : 0.93 (As of Jun. 12, 2024)


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What is Golden Prospect Precious Metals Price-to-Tangible-Book?

As of today (2024-06-12), Golden Prospect Precious Metals's share price is £0.3325. Golden Prospect Precious Metals's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £0.36. Hence, Golden Prospect Precious Metals's Price to Tangible Book Ratio of today is 0.93.

The historical rank and industry rank for Golden Prospect Precious Metals's Price-to-Tangible-Book or its related term are showing as below:

LSE:GPM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.72   Med: 0.81   Max: 0.94
Current: 0.92

During the past 8 years, Golden Prospect Precious Metals's highest Price to Tangible Book Ratio was 0.94. The lowest was 0.72. And the median was 0.81.

LSE:GPM's Price-to-Tangible-Book is ranked better than
57.42% of 1618 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:GPM: 0.92

A closely related ratio is called PB Ratio. As of today, Golden Prospect Precious Metals's share price is £0.3325. Golden Prospect Precious Metals's Book Value per Sharefor the quarter that ended in Dec. 2023 was £0.36. Hence, Golden Prospect Precious Metals's P/B Ratio of today is 0.93.


Golden Prospect Precious Metals Price-to-Tangible-Book Historical Data

The historical data trend for Golden Prospect Precious Metals's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Golden Prospect Precious Metals Price-to-Tangible-Book Chart

Golden Prospect Precious Metals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.78 0.82 0.81 0.92 0.82

Golden Prospect Precious Metals Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.81 0.88 0.92 0.82 0.82

Competitive Comparison of Golden Prospect Precious Metals's Price-to-Tangible-Book

For the Asset Management subindustry, Golden Prospect Precious Metals's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Golden Prospect Precious Metals's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Golden Prospect Precious Metals's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Golden Prospect Precious Metals's Price-to-Tangible-Book falls into.



Golden Prospect Precious Metals Price-to-Tangible-Book Calculation

Golden Prospect Precious Metals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.3325/0.358
=0.93

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Golden Prospect Precious Metals Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Golden Prospect Precious Metals's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Golden Prospect Precious Metals (LSE:GPM) Business Description

Traded in Other Exchanges
N/A
Address
3 rd Floor, 1 Le Truchot, Saint Peter Port, GGY, GY1 1WD
Golden Prospect Precious Metals Ltd is a closed-ended investment company. It is engaged in investing in gold and precious metals companies. Its objective is to provide investors with capital growth from a portfolio of companies involved in the gold and precious metals sector.